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The Institutions of Local Development (Hardcover)
Loot Price: R3,262
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The Institutions of Local Development (Hardcover)
Series: Routledge Revivals
Expected to ship within 12 - 17 working days
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This title was first published in 2003. Development is a complex
and heterogeneous phenomenon, driven by the expansion of one or
more sectors and their influence on the others. It is the outcome
of local interdependencies among firms, households and institutions
which give rise to specific territorial patterns of local systems.
Policies of development cannot therefore restrict themselves to
undifferentiated intervention from the centre to the periphery, but
must be able to stimulate and sustain endogenous bottom-up growth
by means of specific programmes. Thus, individuals and
organizations, public or private interact, take decisions and
devise strategies in a context that is simultaneously co-operative
and competitive. The first in a series, this volume brings together
a team of leading international social scientists from the IGU
study group on local development. Illustrated by a wide range of
global case studies, it analyses what knowledge is required for
industrial production and how best to organize this knowledge,
embedded as it is in physical, human and social capital. It focuses
on the formation of social capital and the various forms into which
this may evolve, in particular, the sets of institutions which
regulate relationships within and among firms.
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